Workshop for sale in Algarve, Loulé, Portugal

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Workshop for sale in Algarve, Loulé, Portugal

Selling

Workshop for sale in Algarve, Loulé, Portugal

99.000 €

(0)
3 Views
Sep 07, 2025

Algarve, Loulé, Portugal

Description

A remarkable commercial property located in the heart of Loulé’s historic district presents a unique investment opportunity. Situated in a highly accessible and prestigious area, this building currently operates under a license for commercial or industrial use. Additionally, an approved redevelopment plan outlines the transformation of the space into a charming one-bedroom, three-floor residence. The ground floor features a spacious kitchen and living area, the first floor includes a bathroom, and the second floor comprises a comfortable bedroom. A terrace completes this versatile property. Positioned within the Urban Rehabilitation Area (ARU), the property benefits from potential appreciation, along with attractive tax incentives and renovation incentives aimed at restoring its historic charm. The owner has the option to develop the approved one-bedroom apartment, with price negotiations available. Whether retained as a commercial entity or converted into a lovely residence nestled in Loulé’s vibrant historic center, this property offers a multitude of possibilities. For further details or to arrange a viewing, please contact us today.

Workshop

Data source: https://www.rightmove.co.uk/properties/158705372?currencyCode=GBP#/?channel=OVERSEAS

Overview

Property ID: 9edfd402-3538-4a70-ba18-ebf37a1fec4b

Type: Apartment, House

Property Type: Secondary

Bathrooms: 1

Floors: 1

Bedrooms: 3

Bathrooms: 2

Parking Spaces: 1

Gated Community: Yes

Patio/Terrace: Yes

Roof Terrace: Yes

Communal Garden: Yes

Interior Condition: new_build

Architectural Style: contemporary

Flooring Materials: tile

Bathrooms: 1

Reception Rooms: 1

Patio/Terrace: Yes

Interior Condition: other

Architectural Style: other

Flooring Materials: other

Amenities and features

Air Conditioning
Terrace

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